STOCK TITAN

Cisco (NASDAQ: CSCO) sales EVP sells in 10b5-1 plan, keeps 165K shares

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cisco Systems executive Oliver Tuszik, EVP Global Sales, reported a sale of 2,760 shares of Cisco common stock on August 14, 2026 at $112.46 per share, executed under a Rule 10b5-1 trading plan. Following this transaction, he holds 165,276.363 shares directly, including 1,722.899 dividend equivalents accrued on unvested restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Tuszik Oliver
Role EVP, Global Sales
Sold 2,760 shs ($310K)
Type Security Shares Price Value
Sale Common Stock F1, F2 2,760 $112.46 $310K
Holdings After Transaction: Common Stock — 165,276.363 shares (Direct)
Footnotes (2)
  1. F1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 17, 2025.
  2. F2. Includes 1,722.899 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Shares sold 2,760 shares Common stock sale on August 14, 2026
Sale price per share $112.46 per share Price for the 2,760 Cisco common shares sold
Shares owned after transaction 165,276.363 shares Direct Cisco common stock holdings following the sale
Dividend equivalents included 1,722.899 Dividend equivalents on unvested restricted stock units within post-transaction holdings
Sell transactions in this filing 1 transaction Single reported sale of common stock by the insider
Net shares sold 2,760 shares Net-sell direction from transaction summary
Rule 10b5-1 plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
dividend equivalents financial
"Includes 1,722.899 dividend equivalents accrued on unvested restricted stock units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock units financial
"dividend equivalents accrued on unvested restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each dividend equivalent is the economic equivalent of one share"

FAQ

What insider transaction did CSCO executive Oliver Tuszik report on this Form 4?

Oliver Tuszik reported a sale of 2,760 shares of Cisco Systems common stock on August 14, 2026. The sale was executed under a Rule 10b5-1 trading plan and left him with a substantial remaining direct share position.

At what price did CSCO executive Oliver Tuszik sell shares in this transaction?

He sold 2,760 shares of Cisco common stock at a price of $112.46 per share. The filing characterizes this as a sale in the open market or a private transaction, executed pursuant to a Rule 10b5-1 plan adopted in December 2025.

How many CSCO shares does Oliver Tuszik hold after the reported sale?

After the transaction, Oliver Tuszik directly holds 165,276.363 shares of Cisco common stock. This figure includes 1,722.899 dividend equivalents accrued on unvested restricted stock units, each equivalent representing the economic value of one Cisco share.

Was the CSCO insider sale by Oliver Tuszik made under a Rule 10b5-1 plan?

Yes, the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on December 17, 2025. Such plans pre-arrange trading activity, which can reduce the informational content of transaction timing regarding the insider’s current views on the stock.

What are the dividend equivalents mentioned in the CSCO Form 4 for Oliver Tuszik?

The filing notes 1,722.899 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is described as the economic equivalent of one share of Cisco common stock and is included in Tuszik’s reported post-transaction ownership total.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tuszik Oliver

(Last)(First)(Middle)
170 WEST TASMAN DRIVE

(Street)
SAN JOSE CALIFORNIA 95134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CISCO SYSTEMS, INC. [ CSCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Global Sales
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/14/2026S(1)2,760D$112.46165,276.363(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on December 17, 2025.
2. Includes 1,722.899 dividend equivalents accrued on unvested restricted stock units. Each dividend equivalent is the economic equivalent of one share of Cisco common stock.
Remarks:
/s/ Oliver Tuszik by Jeremy Erickson, Attorney-in-Fact08/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)